Wednesday, January 26, 2022

NQ Guideline For Wednesday

Wednesday is the FOMC policy announcement day. What they say will be very important in deciding the direction the markets will take.

A policy decision as hawkish as they have been projecting will crash the stock market among many other markets. Key support is at 13,700

A less hawkish, and especially if they are not planning to taper, will cause the stock market to rockets upward for the next several months. Key resistance is at 15,000

We just have to wait.